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#1 hiker

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Posted 18 April 2007 - 02:49 PM

25.80 bottom of the unfilled gap resides below today's 26.51 low so far.

$26.17 can be considered for minimum risk measurement right now..one of many options -

http://stockcharts.c...llery.html?jsda

daily

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Edited by hiker, 18 April 2007 - 02:50 PM.


#2 hiker

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Posted 18 April 2007 - 03:15 PM

60 minute

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#3 CLK

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Posted 18 April 2007 - 03:23 PM

I think this one fills down to the old gap at 17, per the Dec. - Mar. fractal.

#4 hiker

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Posted 18 April 2007 - 03:29 PM

I am simply waiting for buy signals on the 13 minute and/or 60 minute to be interested in a long entry again. I have no idea how far the decline will go

#5 Darris

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Posted 19 April 2007 - 08:47 AM

Hiker, just wanted to thank you again for your great posts. JSDA is a beauty off the open this morning. All the best! :redbull: :redbull: :redbull:

#6 hiker

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Posted 19 April 2007 - 08:55 AM

thanks for the feedback, Darris.

today's entry near $25 could have assumed minimum risk to approx. $24....near term trendline support also near $25

it may also be prudent to sell the intraday move above the daily displaced 3 ema....that is what I did...taking this as a scalp trade for now.

delayed daily -

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Edited by hiker, 19 April 2007 - 08:59 AM.


#7 Darris

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Posted 19 April 2007 - 10:36 AM

Hiker, thanks again for the update. Just got out for a buck fifty on the second run back towards the highs. Forgot to mention the EBAY short from yesterday worked out nicely as well. Have a good day!!